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KuCoin CEO defends exchange amid high-yield product backlash

Posted on: December 5, 2022Business

The current Crypto Winter is littered with the corpses of companies that rose to prominence by offering risky products, from margin trading on FTX to so-called “earn” rewards on Celsius.  […]

Bank of America CEO: jobs report supports ‘mild’ recession prediction

Posted on: December 5, 2022Business

Bank of America CEO Brian Moynihan is sticking to his earlier predictions that a U.S. recession, if it comes, won’t be as bad as people fear. “How could you have […]

Georgia Senate runoff highlights role of sports celebrity in speaking across racial lines

Posted on: December 5, 2022Business

The reception area of a metro Atlanta office suite is a veritable museum of Herschel Walker’s football success for the University of Georgia Bulldogs and the NFL. The office is […]

Shanghai relaxes COVID restrictions as China’s policy shift expands

Posted on: December 5, 2022Business

Chinese authorities accelerated a shift toward reopening the economy, with Shanghai and Hangzhou easing some Covid restrictions after protests against the nation’s stringent policies last week.  The financial hub of […]

Bankman-Fried’s ‘I screwed up’ script about penalties vs. jail: Lawyer

Posted on: December 5, 2022Business

FTX founder Sam Bankman-Fried went on an “I screwed up” media blitz this week, highlighted by his video appearance at the New York Times DealBook summit on Wednesday and continuing […]

Pentagon Chief Lloyd Austin on China: pivotal point in 21st century

Posted on: December 4, 2022Business

The U.S. is at a pivotal point with China and will need military strength to ensure that American values, not Beijing’s, set global norms in the 21st century, Defense Secretary […]

CIA Officers Memorial Foundation supports grieving families with financial and emotional support

Posted on: December 4, 2022Business

Calista Anderson was at a sleepover when the email from a friend arrived. She was 12 years old and had just experienced the worst moment of her life: Her mother […]

OPEC+ opts to ‘hunker down’ amid surging volatility and market uncertainty, holds steady on oil production

Posted on: December 4, 2022Business

OPEC+ responded to surging volatility and growing market uncertainty by keeping its oil production unchanged.  The outcome of the brief online meeting on Sunday reflects the unpredictability of supply and […]

Musk ‘wanted to punch’ Ye after rapper’s ‘incitement to violence’

Posted on: December 4, 2022Business

Elon Musk explained on Saturday why he suspended Kanye West’s Twitter account on Friday following an antisemitic post from the rap mogul. The suspension occurred just days Musk allowed West […]

Defense Secretary Lloyd Austin supports COVID-19 vaccine mandate remaining for military

Posted on: December 4, 2022Business

Defense Secretary Lloyd Austin said he wants to keep the military’s COVID-19 vaccine mandate in place to protect the health of the troops, as Republican governors and lawmakers press to […]

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